WaveRider Launches LMS3000 Non-Line-Of-Sight Wireless System
LAS VEGAS--(BUSINESS WIRE)--March 28, 2001--(NASDAQ:WAVC - news)
New Fixed Wireless Solution the First to Deliver High-speed
Fixed Wireless Connections Over the 'Last Mile' to Serve Residential
and Commercial Customers
International Wireless Communications Expo (IWCE)
WaveRider Communications Inc. (NASDAQ:WAVC - news), a global provider of fixed wireless Internet access products, today commercially launched its LMS3000, the world's first non-line-of-sight fixed wireless Internet access system. The latest addition to the company's Last Mile Solution( product family, the LMS3000 provides the solution Internet Service Providers (ISPs) and telecommunications carriers need to deliver 'last mile' high speed Internet access to commercial, (SOHO) business and residential subscribers.
The LMS3000 system delivers Internet access at speeds up to one Megabit per second, and includes a small end-user modem and indoor antenna that can be easily installed by subscribers. The user-installed modem, which has been granted approval by the FCC, eliminates the cost for professional installations required for the roll-out of existing competing technologies.
The LMS3000 operates in the license-exempt 900 Mhz spectrum, and is a cost-effective solution for Wireless Internet Service Providers (WISPs) to serve markets with low to medium population densities, where there is a high demand for high-speed access, but limited access via traditional wired networks.
``The LMS3000 system delivers the non-line-of-sight connectivity and the cost-effective user-installation capability that WISPs have been waiting for,'' said Charles Brown, Vice President, Sales and Marketing, WaveRider Communications Inc. ``The small end-user modem and indoor antenna are attractive to both subscribers and service providers because there is no need for an external antenna, which eliminates the need for a costly 'truck roll' to install the system at customers' sites.''
The LMS3000 can support over 10,000 subscribers per system, and includes WaveRider's proprietary Network Management System (NMS) which enables WISPs to conduct advanced networking functions including bandwidth shaping, setting up new subscribers, monitoring the operation of equipment and initiating network changes to avoid service disruptions. The network management system also enables service providers to guarantee varying levels of services for customers.
``Providing 'last mile' access in today's rapidly changing telecommunications industry will give WISPs an early to market advantage,'' explains Brown. ``Currently, less than 10 percent of home users have broadband connections, but almost one in three households are interested in high-speed services, and the gap is similar for small businesses. The LMS3000 eliminates the need for reliance on a third party for infrastructure, can be installed quickly and easily, and offers superior flexibility and scalability over traditional alternatives.''
WaveRider's LMS3000 has been successfully deployed in Southern Alberta by Platinum Communications Corporation which is currently delivering high-speed wireless Internet access to two communities.
``The feedback we have received from our LMS3000 customers has been extremely positive,'' said Allen Stretton, Chief Operations Officer, Platinum Communications Corporation, (www.platinumcommunications.net) . ``We have already recognized revenues with our initial customer base and the demand for our wireless Internet service is growing at a tremendous pace. In many cases, our customers have not, until now, had access to any high-speed Internet services. The small and medium businesses as well as our residential customers are now using the Internet to conduct business and communicate in ways that were not possible without this service.'' WaveRider's Last Mile Solution
WaveRider's Last Mile Solution® (LMS) products are fully networked wireless systems that deliver broadband Internet access to large, medium and small office/home office (SOHO) businesses and residences, using secure spread-spectrum radio technology in the license-exempt 2.4 GHz and 900 MHz ISM bands. The LMS family offers advanced network management features which enable users to quickly and easily perform all network management functions including bandwidth shaping, setting up new subscribers, monitoring the operation of equipment and initiating network changes to avoid service disruptions. The network management system also enables service providers to guarantee varying levels of services for customers.
About WaveRider Communications Inc.
WaveRider Communications, Inc. (www.waverider.com) is a leading wireless information technology company that develops, manufactures and markets products for data communications and Wireless Internet Networking (WIN). WaveRider's high performance products use direct sequence spread spectrum technology coupled with time division duplexing techniques. NCL Series Wireless Bridges and Routers provide the wireless connection between single or multiple computer networks. WaveRider is traded on the NASDAQ National Market, under the symbol WAVC. For more information, visit waverider.com.
This release contains forward-looking statements that involve risks and uncertainties, including the risks associated with the effect of changing economic conditions, trends in the development of the Internet as a commercial medium, market acceptance risks, technological development risks, seasonality and other risk factors detailed in the Company's filings with the Securities and Exchange Commission. |
